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i do not think they can get the big mega deal the president is talking about. i think they are going to have a hard time getting a mid sized deal. i think they can come up with a short term, interim package in which it requires some compromise by democrats and republicans. but the president has to compromise too. if the choice is between a default and a short term deal, there's no question he ought to go for the short term deal. >> i'm not sure these guys can figure out how to pay a parking ticket. james, you are the brilliant strategist here. one of my concerns out, and you tell me if i'm crazy. it seems to me like both sides are banking on winning, that they're going to be able to prove to everybody that they really were willing to do something and it was the other side that kept it from going forward, that they're going to win with their base. >> as far as david and senator simpson did a good job. they were calling for one-third in tax increases. what the republicans turned out and the president was talking about something between 20 and 25%. they couldn't e
i do not think they can get the big mega deal the president is talking about. i think they are going to have a hard time getting a mid sized deal. i think they can come up with a short term, interim package in which it requires some compromise by democrats and republicans. but the president has to compromise too. if the choice is between a default and a short term deal, there's no question he ought to go for the short term deal. >> i'm not sure these guys can figure out how to pay a...
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that's the big issue here. so things like the value of your home, your interest rates if you're trying to buy a new one could rise, end up owing more on a mortgage if that happens. wanted to buy a car, same thing, the rates could go up higher. your gas prices could increase. your roads could be in poor quality, all because of the problem the government has borrowing money and how that affects the rest of the markets. let's say we're looking at the breadwinners in the house. dad is a small business owner. he could be unemployed. that's a possibility. his savings could lose money. he could have a difficult time getting a loan to expand his business because money just gets tighter at times like this. say mom actually works for the government. she could wind up furloughed if they can't afford to pay for her. credit card rates could rise. the daughter in the house is in the military. her salary could be limited or delayed. possible ious from the government and contractors who make things for and provide services to
that's the big issue here. so things like the value of your home, your interest rates if you're trying to buy a new one could rise, end up owing more on a mortgage if that happens. wanted to buy a car, same thing, the rates could go up higher. your gas prices could increase. your roads could be in poor quality, all because of the problem the government has borrowing money and how that affects the rest of the markets. let's say we're looking at the breadwinners in the house. dad is a small...
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one analyst says, either netflix will lose a share of subscribers to the big fish or the big fish will drive up prices netflix pays for consent. either way it's netflix that's going to lose in this, kyra. >> okay. well, a lot of subscribers here. we hope things don't get that dismal. alison, thanks. >> me, too. >>> all right, coming up next, bill maher prefers a president bachmann to a president palin. weighing in. >>> and the age of george jetson is here. a flying car. it's cleared for takeoff and about to be road-ready. we'll tell you how and when you might be able to take the wheel. >> announcer: this past year alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> raising awareness with issues involving cancer, alcoholism and substance abuse and women's rights. now the world's most powerful women will remembe
one analyst says, either netflix will lose a share of subscribers to the big fish or the big fish will drive up prices netflix pays for consent. either way it's netflix that's going to lose in this, kyra. >> okay. well, a lot of subscribers here. we hope things don't get that dismal. alison, thanks. >> me, too. >>> all right, coming up next, bill maher prefers a president bachmann to a president palin. weighing in. >>> and the age of george jetson is here. a flying...
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w but we just took a big run at getting our health care costs icck in line. def $1.3 trillion in deficit savingo according to cbo. mr. president, in conclusion,w f the overview of the budgethat framework that we are offering our colleagues for their $ consideration provides $4 trillion in deficit reductios over ten years. it's actually 5 trillion if measured on the same basis as the fiscal commission.hat we we have adopted what we think is a more plausible baseline int light of things that haveed s happened so far this year. still lies the debt by 2014, tht deficit to 2.5% of gdp by 2015 and 1.3% by 2021. tax r but tax reform that simplifieso, that goes after offshore tax havens and tax shelters and previews fairness and we rejectt the house gop plan to end the to medicare as we know it andwe prt protect education, energy andins infrastructure investments.ic we have balance the deficit and debt reduction plans, cuttinging spending by about $2 trillion, providing additional revenue by about $2 trillion. as let me conclude as i began by r saying ourev revenue p
w but we just took a big run at getting our health care costs icck in line. def $1.3 trillion in deficit savingo according to cbo. mr. president, in conclusion,w f the overview of the budgethat framework that we are offering our colleagues for their $ consideration provides $4 trillion in deficit reductios over ten years. it's actually 5 trillion if measured on the same basis as the fiscal commission.hat we we have adopted what we think is a more plausible baseline int light of things that...
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another big donors came to see what needs to be done to prevent this refugee emergency turning into a disaster. >> the main key right now is to focus on the humanitarian side. we are in very deep need of better 10th facilities, better health facilities as well. it is absolutely a top priority, and the death rate we are seeing here is staggering. >> if the influx of somali refugees continues or becomes even bigger, the plan is to turn this area into the next refugee camp. it could be needed in just a matter of weeks. no wonder that everyone agrees that the emergency operation needs to be ramped up considerably. in the latest batch of refugees across the border, a greater number of the elderly and infirm. caring for them is adding to the complexity of this crisis. >> you are watching newsday on the bbc live from singapore and london. still to come, the latest from northern ireland, where police officers are trying to restore order after riots broke out in belfast. >> rejecting claims of buying his way to host the world football cup in 2022. thousands of people in bosnia have attended a
another big donors came to see what needs to be done to prevent this refugee emergency turning into a disaster. >> the main key right now is to focus on the humanitarian side. we are in very deep need of better 10th facilities, better health facilities as well. it is absolutely a top priority, and the death rate we are seeing here is staggering. >> if the influx of somali refugees continues or becomes even bigger, the plan is to turn this area into the next refugee camp. it could be...
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i think it is up big burden for one child to support six adults. many chinese families have this challenge. china's rapidly aging population is only adding to the problem. to many pensioners, too few workers. much harder to keep that booming economy growing. now the company -- now the country's wealthiest provinces calling for change. they want them was there to be allowed to have more than one child. at that minorities in china are already exempt from the one child policy. many say it is time for everything to change. so far the authorities have said no. the question is, for how much longer? >> you've been watching abc news. >> just a reminder of our main news again this hour. more to come. >> makes sense of international news at bbc.com/news. >> funding was made possible by the freeman foundation of new york, stowe, vermont, and honolulu. newman's own foundation. and union bank. >> union bank has put its global financial strength to work for a wide range of companies. what can we do for you? >> "bbc world news" was presented by kcet los angeles.
i think it is up big burden for one child to support six adults. many chinese families have this challenge. china's rapidly aging population is only adding to the problem. to many pensioners, too few workers. much harder to keep that booming economy growing. now the company -- now the country's wealthiest provinces calling for change. they want them was there to be allowed to have more than one child. at that minorities in china are already exempt from the one child policy. many say it is time...
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the big question is how are they going to get these firetrucks out. the door is sealed shut with plywood. >> jackie, thank you. >> pollen believe this was to addition, the california state university system, tuition may be going up again, the board of trustees is set to vote on another tuition hike to counteract a $650 million cut in funding from the state. the board is considering raising undergraduate tuition for 12% for this coming fall. that is on top of a 10% increase already put into effect for the 23 campus state system. because that would mean tuition would increase to 5000 for under $72. that is a $588 increase. that does not include rome (board. >> pg&e is not looking to settle out of court regarding lawsuits filed by dozens of victims after the san bruno pipeline explosion. here is video of that blast from september 9th. will tran is live in san bruno with more from pg&e working to fight the lawsuits presented against them. >> they want to present this to a jury trial. they want this to go to trial. in the trial that plan to present argumen
the big question is how are they going to get these firetrucks out. the door is sealed shut with plywood. >> jackie, thank you. >> pollen believe this was to addition, the california state university system, tuition may be going up again, the board of trustees is set to vote on another tuition hike to counteract a $650 million cut in funding from the state. the board is considering raising undergraduate tuition for 12% for this coming fall. that is on top of a 10% increase already...
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at least on the big screen. why arnold's next acting gig may have him throwing on a cowboy hat. ,, who made an unexpected arrival. [ woman ] he was 4 months early, weighing 1 pound, 12 ounces. [ female announcer ] fortunately, sam was born at sutter health's alta bates summit medical center. [ woman ] the staff was remarkable. they made me feel safe, trusting, cared for. [ giggles ] they saved his life. i owe all of them my son. [ female announcer ] alta bates summit medical center and sutter health -- our story is you. >>> welcome back. it is 6:23. and while the bay area's dealing with very cool temperatures this week, much of the nation is dealing with excessive heat. 23 states are under heat warnings from oklahoma to connecticut and from the deep south all the way to the ohio valley. some areas have already seen temperatures soaring above 100 degrees. in oklahoma, that weather has caused a road to buckle. >>> all right. a spacewalk is going on right now outside the international space station. here's a live l
at least on the big screen. why arnold's next acting gig may have him throwing on a cowboy hat. ,, who made an unexpected arrival. [ woman ] he was 4 months early, weighing 1 pound, 12 ounces. [ female announcer ] fortunately, sam was born at sutter health's alta bates summit medical center. [ woman ] the staff was remarkable. they made me feel safe, trusting, cared for. [ giggles ] they saved his life. i owe all of them my son. [ female announcer ] alta bates summit medical center and sutter...
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that's why the big trade -- that's why the big trade. there's no way we can get the grand bargain going. there's not enough time. what we need to do is not raise the debt ceiling. to these people who say they have paid into social security and how they have paid this and they have paid that -- that is not true. my grandmother, who is taking care of five children of a widowed mother -- money was taken out of her check to pay for social security when there was a whole generation of people who would not reach 65 -- they are the ones who sacrificed. host: house budget chairman paul ryan was on one of the morning shows this morning. here is the ap story. he made those comments on the cbs "the early show." good morning. caller: good morning. i'm thinking about this and thinking that people have been trying to do their own business. there's a woman who came from africa and people did not know how -- she had to go to cosmetology school to get a license to braid hair. growing up, there were barbershops and all kinds of things. they did not go to
that's why the big trade -- that's why the big trade. there's no way we can get the grand bargain going. there's not enough time. what we need to do is not raise the debt ceiling. to these people who say they have paid into social security and how they have paid this and they have paid that -- that is not true. my grandmother, who is taking care of five children of a widowed mother -- money was taken out of her check to pay for social security when there was a whole generation of people who...
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that would be a big mistake. that's why republicans are united in saying increasing taxes at any time, particularly in a weak economy, is the wrong prescription. getting our debt and deficit and spending under control, a balanced budget amendment, that's the solution. it can actually be enacted very quickly. we don't have to face a crisis that president obama and treasury secretary are trying to whip up here. mr. sessions: madam president, i would just say that i do believe we are at a national crisis with our debt. i believe that it endangers the nation because the erskine bowles who chaired the debt commission, appointed by president obama, has told us that we are facing an economic crisis as a result of the debt and written testimony to the budget committee, and he warned that we have to change the course we're on. i certainly believe that's true and i believe the rogoff and reinhart study affirmed by secretary geithner is correct, that it's already pulling down our growth. i'm really worried about the future
that would be a big mistake. that's why republicans are united in saying increasing taxes at any time, particularly in a weak economy, is the wrong prescription. getting our debt and deficit and spending under control, a balanced budget amendment, that's the solution. it can actually be enacted very quickly. we don't have to face a crisis that president obama and treasury secretary are trying to whip up here. mr. sessions: madam president, i would just say that i do believe we are at a national...
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you are married to those big solid rockets. and if there's a failure then, there is no way out for the crew. and as we saw, that was how challenger 25 years ago was destroyed. they had a malfunction in one of the rockets. it caused the whole thing to explode. i'm talking about one of the solid rockets within the first two minutes of flight. well, we're going to have a much safer way to get to and from the space station. the sad thing is, however, that the rocket for humans is not ready and it's going to take about another three years. and, therefore, it is sad that all of that finest launch team in the world at the kennedy space center, a good part of them are having to be laid off. and that will -- that employment will ramp up over the next several years as we build and launch those kind of rockets. now, there's another set of human rated rockets. i'm just talking about the manned space program now. i'm not talking about the unmanned. look what we're getting ready. this year we're going to jupit jupiter. later on, we are getti
you are married to those big solid rockets. and if there's a failure then, there is no way out for the crew. and as we saw, that was how challenger 25 years ago was destroyed. they had a malfunction in one of the rockets. it caused the whole thing to explode. i'm talking about one of the solid rockets within the first two minutes of flight. well, we're going to have a much safer way to get to and from the space station. the sad thing is, however, that the rocket for humans is not ready and it's...
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so, yes, everything's got to be on the table, but we just took a big run at getting our health care costs back in line. $1.3 trillion in deficit savings, according to c.b.o. mr. president, in conclusion, the overall -- the overview of the budget framework that we're offering our colleagues for their consideration provides $4 trillion in deficit reduction over ten years. it's actually $5 trillion if measured on the same basis as the fiscal commission. we have adopted what we think is a more plausible baseline in light of things that have happened so far this year. stabilize the debt by 2014, cut the deficit to 2.5% of g.d.p. by 2015 and 1.3% by 2021. we have tax reform that simplifies the code, that closes loopholes, that goes after offshore tax havens and abusive
so, yes, everything's got to be on the table, but we just took a big run at getting our health care costs back in line. $1.3 trillion in deficit savings, according to c.b.o. mr. president, in conclusion, the overall -- the overview of the budget framework that we're offering our colleagues for their consideration provides $4 trillion in deficit reduction over ten years. it's actually $5 trillion if measured on the same basis as the fiscal commission. we have adopted what we think is a more...